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November 20,2017

Galadari Advises Umm Al Quwain Government on Port Concession Agreement

 

Dubai, UAE, 19 November 2017– Galadari Advocates & Legal Consultants (DIFC) Limited has advised the Government of Umm Al Quwain (“UAQ”) on a concession deal with Hong Kong-based Hutchison Ports Company, involving developing and operating container facilities at the Ahmed Bin Rashid Port (“ABRP”) in the Emirate.

The concession, which comes as part of the UAQ Government’s ABRP development plan, will boost the emirate’s economy by increasing the port’s existing capacity by establishing state-of-the-art anchoring and loading facilities. Hutchison Ports, a world class-operator, will employ its expertise in expanding the port significantly. 

Commenting on the deal, Ziad Galadari, Chairman of Galadari Advocates & Legal Consultants, said: “We are delighted to announce the completion of this deal, which would ultimately help boost the economy of the emirate of Umm Al Quwain. This deal marks another successful service milestone for Galadari Advocates & Legal Consultants in its relationship with the Government of Umm Al Quwain, having provided our legal expertise and advice in relation to the AED 25 billion mixed use development deal with Sobha Group at Al Sinniyah Island last year. We look forward to continuing to support the Government on this and other important projects in order to help advance the Emirate’s growth.”

Ken Dixon, partner of the firm at its DIFC offices and senior lawyer leading the team who advised on the deal, said: “We are pleased to have advised the Government of Umm Al Quwain on yet another significant project that will further the economic development of this unique northern Emirate. A key component of the deal was to ensure a commitment by all stakeholders towards a structured development of the port in terms of a predetermined development plan.”

The team at Galadari advising on the project, led by Ziad Galadari, included Ken Dixon, partner, Gerry Rogers, senior associate, Paula Villegas, associate, and Joe Khalaf, associate.